New York Panel Says No Coverage Due For Time When No Insurance Was Available

Mealey's (September 13, 2016, 12:08 PM EDT) -- NEW YORK — The First Department of the New York Supreme Court Appellate Division on Sept. 1 determined than an excess insurer does not owe coverage to its insured for the time periods when the insured was unable to purchase environmental liability insurance coverage because the excess insurer’s policies specifically state that coverage is afforded only for damages occurring during the policy period (Keyspan Gas East Corp. v. Munich Reinsurance America Inc., et al., No. 604715/1997, N.Y. Sup., App. Div., 1st Dept.; 2016 N.Y. App. Div. LEXIS 5824)....

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